
Cheap Homes for Rent in Peterborough, NH from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Peterborough.


560 Rockland Ave

308 Bartlett St

108 S Bennington Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

40 Fitchburg Rd, Unit 302

39 Dinan Dr

327 Main St

120 Elm St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

486 Nashua St
Peterborough, NH Local Guide

How much does it cost to rent a home in Peterborough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterborough 2 Bedroom Homes for Rent | $2,437 | $1,650 | $4,300 |
| Peterborough 3 Bedroom Homes for Rent | $2,663 | $1,995 | $4,200 |
| Peterborough 4 Bedroom Homes for Rent | $3,750 | $3,250 | $4,000 |
| Peterborough 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
| Peterborough 6 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Top Homes for Rent in Peterborough
Explore Peterborough
Peterborough, NH Local Guide
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Cheapest Available Peterborough Apartments for Rent and Nearby
 The cheapest available apartment rental in Peterborough, NH is a 1 Bed unit found at Anwelt Heritage - A 55+ Community in the West Fitchburg neighborhood priced from $1,262. Washington Park of Keene in the West Keene neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Peterborough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anwelt Heritage - A 55+ Community | 1 Bedroom Affordable/Income Restriction | 1BR,1BA | $1,262 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1,400 |
| 9 Aliber Pl | Studio, 1 bath | Studio,1BA | $1,400 |
Best Value Apartments for Rent in Peterborough, NH and Nearby
As of April 24, 2026 the best value apartment in the Peterborough area is the $1.61 price per square foot 2BD/1BA/80/Den Model at Twin Bridge in the in the Tanager Landing neighborhood starting from $2,000. The second greatest value Peterborough apartment is the Two Bedroom, Two Bathroom Model at Town and Country Apartments starting at $2,254 with a $1.83 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Peterborough apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Twin Bridge | 2BD/1BA/80/Den | Studio , | $1.61 |
| Town and Country Apartments | Two Bedroom, Two Bathroom | 2BR,2BA | $1.83 |
| Colony Mill | 2 Bed 1 Bath | 2BR,1BA | $1.78 |
| Princeton Square | Sycamore | 2BR,2BA | $1.88 |
| Meadowbrook Village | 2-TDL | 2BR,1.5BA | $1.71 |
| Moran Square | 2 Beds 1 Bath | 2BR,1BA | $1.42 |
| Cooper Lane Apartments, LLC | 1BD/1BA/MKT | 1BR,1BA | $2.06 |
| Anwelt Heritage - A 55+ Community | 2 Bedroom Affordable | 2BR,1BA | $1.52 |
| Washington Park of Keene | 2B1.5B - 62 Roxbury Street | 2BR,1.5BA | $1.94 |
| Jaffwood Apartments | 1 Bedroom | 1BR,1BA | $2.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Peterborough, NH
Peterborough Elementary School
Conval Regional High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peterborough, NH Rentals by Map
See the most popular apartments and homes in Peterborough, NH
Frequently Asked Questions about Peterborough
What type of rentals are currently available in Peterborough?
There are currently 58 Apartments for Rent in Peterborough, NH with pricing that ranges from $900 to $4,710. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterborough ranging from $1,250 to $4,300.
What is the current price range for Rental Homes in Peterborough?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterborough ranges from $1,250 to $4,300 with an average monthly rent of $2,855.
How much are larger Three and Four Bedroom Rentals in Peterborough?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterborough range from $1,800 to $3,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,200. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $2,080.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.